Peninsula Energy (OTCMKTS:PENMF) Trading Up 12.2% – Time to Buy?

Shares of Peninsula Energy Limited (OTCMKTS:PENMFGet Free Report) were up 12.2% during trading on Thursday . The company traded as high as $0.88 and last traded at $0.86. Approximately 18,313 shares traded hands during trading, a decline of 43% from the average daily volume of 32,031 shares. The stock had previously closed at $0.77.

Peninsula Energy Stock Performance

The firm’s 50-day moving average is $1.29 and its two-hundred day moving average is $0.49.

Peninsula Energy Company Profile

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Peninsula Energy Limited, together with its subsidiaries, operates as a uranium exploration company in the United States. The company's flagship project is its 100% owned Lance uranium project located in Wyoming. The company was formerly known as Peninsula Minerals Limited and changed its name to Peninsula Energy Limited in November 2010.

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